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Eurusdanalysis

DeGRAM | EURUSD a bounce in the descending channelEURUSD is moving in a descending channel between trend lines. The price is above the 50% retracement level of the last bearish impulse. The chart has already reached the lower boundary of the channel, the support level and the lower trend line. We expect the rebound to continue after retesting the 50% retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
3
EURUSD - TRADING TO REACH RESISTANCE TRENDLINE - 4HEURUSD - 4H TIME FRAME HELLO TRADERS Tendency , trading under bullish pressure . Currently, prices are trading above the 1.102 level. As long as the price remains above this threshold and shows signs of stabilization, it is expected to rise further, potentially reaching 1.110 and then 1.113. Should the price surpass 1.113, there could be additional gains, with the possibility of reaching as high as 1.117. Conversely, if the price falls below 1.102, it may indicate a downward trend. In this scenario, a decline to 1.099 is likely, with the potential for a further drop to 1.094 if the bearish momentum continues. UPWARD TARGET :1.110 , 1.113 , 1.117. DOWNWARD TARGET : 1.099 , 1.094.
Long
by ArinaKarayi
EURUSD / UNDER UPWARD PRESSURE - 4HEURUSD / 4H TIME FRAME HELLO TRADERS EURUSD is currently trading above the turning level of 1.099 and remains above the support trendline, indicating upward momentum. There are two potential scenarios: The First Scenario , Since the price is trading above the turning level 1.099, it suggests an initial bullish sentiment , If the price rises and reaches the resistance level at 1.107, it indicates that the upward momentum is strong. A price movement above this level suggests further bullish potential , If the price stabilizes above 1.107 and continues rising, reaching 1.110 would confirm a sustained uptrend, as the market would have shown resilience and strength above previous resistance. The Second Scenario , If the price falls below 1.099 and closes a 4-hour candle below it, this indicates a bearish shift as the price has broken through a support level , A decline to the support level at 1.094 would be a further bearish signal, For a confirmed downtrend, the price needs to break through the established channel and stabilize below it. This would indicate that the bearish trend is likely to continue, as the price has not only broken support but also failed to recover. UPWARD LEVEL : 1.107 , 1.110 . DOWNWARD LEVEL : 1.094 .
Long
by ArinaKarayi
DeGRAM | EURUSD pullback in the channelEURUSD is moving in a descending channel between trend lines. The chart maintains a downward structure. The price keeps the downward trend after reaching the upper boundary of the channel and dynamic resistance. The pair has reached the support level. We expect the decline to continue after retesting the 38.2% retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
1
EURUSD: 1-Hour Set upMoving Averages: 20-period EMA (green), 50-period EMA (orange), and 200-period EMA (red) show a clearer short, mid, and long-term trend direction. The price is currently trading below the 200 EMA, which indicates that the overall trend is bearish. The price has moved above the 20 EMA and is challenging the 50 EMA, suggesting a short-term bullish reversal or retracement. RSI: The RSI is at 65.20, showing that the asset is approaching overbought territory. This indicates caution for buying positions but could also signal momentum for further upside. MACD: The MACD is showing a potential bullish momentum as the MACD line has crossed above the signal line. This suggests a possible continuation of the current bullish momentum. Resistance Zones: 1.1060: This is near the 200 EMA and could act as a strong resistance, especially considering that it aligns with previous price peaks. 1.1100–1.1120: The next key resistance area is visible, where the price previously stalled before making a sharp move down. Support Levels: 1.1020: This support aligns with the recent bounce, where the price reacted positively. If the price drops below this level, it could signal a further downside. 1.1000: A psychological round number and previous consolidation area, adding significance to this support. Buy Strategy (Pullback and Trend Continuation): Entry: Consider entering a buy trade if the price retraces towards 1.1020 (just above the recent support) and holds above the 20 EMA. Confirmation of a bullish entry could come from the MACD crossover (bullish), or a bounce from the RSI if it stays above 50. Stop Loss: Place a stop loss slightly below 1.1000 (around 1.0990) in case the price breaks down. Take Profit: First target: 1.1060 (near the 200 EMA). Second target: 1.1100–1.1120, if the price manages to break through the 200 EMA resistance. Risk Management: Since RSI is approaching overbought levels, enter cautiously and monitor the price reaction at the 1.1060 resistance zone. If the price breaks above the 200 EMA with strong momentum, hold on to the trade for a potential further move up. Sell Strategy (Trend Reversal): Entry: Enter a short position if the price fails to break through 1.1060 or stalls at the 200 EMA. This would confirm that the bearish trend is resuming after a retracement. A strong bearish candle at or near the 200 EMA can confirm the sell signal, especially if accompanied by a bearish crossover on the MACD or RSI turning lower from overbought levels. Stop Loss: Set a stop loss above 1.1100 (preferably around 1.1110) to cover any false breakout above the resistance level. Take Profit: First target: 1.1020 (short-term support). Second target: 1.1000, and potentially further down if the bearish momentum strengthens. Risk Management: The sell strategy works well in a continuation of the overall bearish trend, but always look for confirmation signals like price rejection at the 200 EMA or bearish divergence on the RSI and MACD. Buy Setup: Buy near 1.1020 with targets at 1.1060 and 1.1100, especially if price remains above the 20 and 50 EMAs. Sell Setup: Look for a short near 1.1060 or below 1.1100 with a stop above, targeting 1.1020 and potentially 1.1000.
by thepoorextrader
EURUSD Analysis : Daily/H4 Moving Averages: The 20-period EMA (green line) and 50-period EMA (orange line) are closer to the price and show short to mid-term trend directions. The 200-period EMA (red line) represents the longer-term trend. Currently, the price is above the 200 EMA, indicating a bullish long-term trend. Relative Strength Index (RSI): RSI is slightly below 50 (48.05), indicating a neutral or weakening momentum. This suggests a period of consolidation or a potential reversal. MACD: The MACD line is crossing below the signal line, hinting at a possible bearish signal. Resistance Levels: The nearest resistance zone appears to be around 1.1150, where the price was recently rejected. This level aligns with the recent peak. The next significant resistance is around 1.1250, which is a key level from past market behavior. Support Levels: Immediate support is found near 1.0950, close to where the 50-period EMA (orange line) is. A stronger support lies around 1.0850, where the 200-period EMA (red line) aligns, and where price found support previously. Buy Opportunity: If the price pulls back to the 1.0950 or 1.0850 support area and holds, it could be a good opportunity to buy, especially if confirmed by a reversal pattern (e.g., a bullish engulfing candle) and a positive crossover on the MACD. Sell Opportunity: Given the weakening momentum on the MACD and RSI below 50, a break below 1.0950 could signal a selling opportunity. In that case, targeting 1.0850 for short-term profit would make sense. Trend Following (Pullback Strategy): If the price pulls back to 1.0950 or 1.0850, wait for confirmation (e.g., a bullish candle pattern) and enter a buy trade. Set the stop loss below 1.0850 (preferably around 1.0800) in case of a false breakout. First target would be 1.1150, with the second target around 1.1250 if the uptrend continues. This strategy aligns with the long-term bullish trend indicated by the 200 EMA. MACD + EMA Strategy: Enter a short position if the price breaks below 1.0950, with MACD confirming a bearish signal (negative crossover). Set the stop loss above the 50 EMA (around 1.1000). First target would be 1.0850, with a potential extension to 1.0750 if bearish momentum increases.
by thepoorextrader
EURUSD | Long From Support ZoneFollowing a recent inner descending channel on the EURUSD we have reached a key support zone where a potential pivot could create a lower high in the overall bull trend and surge the euro back up and out of the current inner channel. With the key resistance zone lying around 1.12000 I can see price pushing to this level before either correcting back in the range or pushing above into the resistance zone and creating a higher high which would again validate the current market structure for the overall bull trend in ascending fashion. What are your thoughts?
Long
by OfficialKieranTrewick
1
Weekly Trade Planning SessionIn today's session, I will be analyzing the USD/JPY, GBP/USD, CAD/JPY, and EUR/USD pairs. The framework I follow includes: Portfolio selection Currency ranking Multi-timeframe analysis. Below is the portfolio selection for this week: AUD/CAD: Bearish (-5%) AUD/JPY: Bearish (-59%) AUD/USD: Bullish (17%) CAD/JPY: Bearish (-54%) EUR/CAD: Bullish (16%) EUR/JPY: Bearish (-38%) EUR/USD: Bullish (38%) GBP/JPY: Bearish (-17%) GBP/USD: Bullish (59%) USD/CAD: Bearish (-22%) USD/CHF: Bearish (-63%) USD/JPY: Bearish (-76%) Happy Trading!
by Charts247TradingAcademy
DeGRAM | EURUSD reached the correction levelEURUSD is moving in a descending channel between trend lines. The chart maintains a downward structure. The price has reached the dynamic support, the lower boundary of the channel and the support level coinciding with the 62% retracement level and is now above it. The dynamic support has already acted as a rebound point. We expect a rebound after consolidation above the dynamic resistance. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
5
EURUSD / UNDER DOWNWARD PRESSURE - 4HEURUSD / 4H TIME FRAME HELLO TRADERS in the last chart fit full target . The overall trend remains downward as long as trading stays below the turning level of 1.108. Currently, prices are below this level, suggesting a potential decline towards the first support level at 1.103. If a 4-hour candle closes below this support, further declines are expected, targeting the second support level at 1.099 . For prices to increase, the turning level must be broken and stabilized above, which could lead to a rise towards the first resistance level at 1.113, and potentially further to 1.119 . KEY LEVELS : Turning Level : 1.108 Resistance Levels : 1.113 , 1.119 Support Levels : 1.103 , 1.099
Short
by ArinaKarayi